According to the public record, 48, Matlock Road, Reading is a period freehold house with 1,539 ft2 of internal area and sits on a 433 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Matlock Road, Caversham, Reading, RG4 is located within the RG4 postal district.
48, Matlock Road, Reading has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated July 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 48 Matlock Road Reading as £730,262 and the rental value as £2,160 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 48 Matlock Road Reading has decreased by £14,212 (1.9%) and its rental value has increased by £69 per month (3.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 48, Matlock Road, Reading is in very good condition we estimate a sale value of £766,775 and rental value of £2,268 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £679,144 and a rental value of £2,009 per month.
If you were able to purchase this property for the estimated value of £730,262, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,589 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 48, Matlock Road, Reading sits on a plot of 433m2.
We have plot size data on 16 out of 31 other houses in the postcode and 48, Matlock Road, Reading sits on the 4th largest plot.
According to HM Land Registry, 48, Matlock Road, Reading was last sold on 25 Nov 2011 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 63.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Matlock Road, Reading within a radius of 690 metres over the last 2 years.
The most recent example is 30, Harrogate Road, Reading, RG4 7PN, a Freehold house which sold for £630,000 in Sep 2021.
Read more about house prices in RG4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Matlock Road, Caversham, Reading, RG4 has a total of 58 addresses. According to our analysis of all the public data, 48, Matlock Road, Reading is the 19th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in RG4.
48, Matlock Road, Reading has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 21 Jul 2011.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 48, Matlock Road, Reading is Reading station which is 2.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Matlock Road, Reading, 50.8% of property is privately owned outright and 43.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 48, Matlock Road, Reading, 25.5% of residents are recorded as possessing school level qualifications and 67.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48, Matlock Road, Reading, the average age was 42.5 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 48, Matlock Road, Reading, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 48, Matlock Road, Reading, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.